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Condensed Consolidated Statements of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating activities    
Net loss $ (3,436,431) $ (4,513,270)
Adjustments to reconcile net loss to net cash used in operating activities:    
Bad debt recovery   (400,695)
Change in fair value of derivative instruments 167,853 (3,176,686)
Depreciation and amortization expense 162,358 234,319
Gain on the disposal of property and equipment (66,626)  
Share-based compensation expense 1,060,705 1,255,325
Deferred income taxes 166,538  
Non-cash interest expense 40,470  
Changes in operating assets and liabilities:    
Accounts receivable 979,612 760,274
Unbilled accounts receivable (1,765,096) 1,114,139
Prepaid expenses and other current assets 248,707 1,611,860
Accounts payable 617,014 (674,723)
Accrued expenses and other liabilities (87,483) 404,230
Net cash used in operating activities (1,912,379) (3,385,227)
Investing activities    
Purchases of property and equipment   (30,364)
Proceeds from the sale of property and equipment 67,400  
Net cash provided by (used in) investing activities 67,400 (30,364)
Financing activities    
Proceeds from issuance of long term debt 2,500,000  
Deferred financing costs (216,460)  
Change in restricted cash requirements 100,000  
Proceeds from issuance of common stock and warrants 38,983 5,862,558
Other (32,960) (64,362)
Net cash provided by financing activities 2,389,563 5,798,196
Effects of exchange rates on cash (4,434) (7,334)
Increases in cash and cash equivalents 540,150 2,375,271
Cash and cash equivalents, at beginning of period 11,236,771 11,785,327
Cash and cash equivalents, at end of period 11,776,921 14,160,598
Supplemental disclosure of cash flow information    
Cash paid for interest 73,911 30,608
Noncash financing activity    
Warrants issued to lender in connection with loan $ 69,876